CAPITAL MARKETS – ESMA starts consultation on draft Guidelines on Enforcement of Sustainability Information
On 15 November 2023, the European Securities and Markets Authority (ESMA) launched a consultation on a set of draft Guidelines on Enforcement of Sustainability Information mainly aimed at (a) ensuring that competent national authorities carry out their supervision of the sustainability information of listed companies under Directive (EU) No. 2464 of 14 December 2022 and Article 8 of Regulation (EU) No. 852 of 18 June 2020 in a converged manner; and (b) establishing consistency in, and equally robust approaches to, the supervision of the sustainability and financial information of listed companies to facilitate increased connectivity between the two types of reporting.
The consultation will end on 15 March 2024.
Newsletter n. 92 – January 2024